Bank of Montreal (BMO) Q1 2024 Earnings Call Transcript

Bank of Montreal (NYSE:BMO) Q1 2024 Earnings Conference Call February 27, 2024 8:15 AM ET

Company Participants

Christine Viau - Investor Relations
Darryl White - Chief Executive Officer
Tayfun Tuzun - Chief Financial Officer
Piyush Agrawal - Chief Risk Officer
Nadim Hirji - Head of BMO Commercial Banking
Ernie Johannson - Head of BMO North American Personal and Business Banking

Conference Call Participants

Ebrahim Poonawala - Bank of America
Meny Grauman - Scotiabank
Mario Mendonca - TD Securities
Gabriel Dechaine - National Bank Financial
Doug Young - Desjardins Capital Markets
Mike Rizvanovic - KBW Research
Darko Mihelic - RBC Capital Markets
Paul Holden - CIBC

Operator

Good morning and welcome to BMO Financial Group's Q1 2024 Earnings Release and Conference Call for February 27, 2024. Your host for today is Christine Viau. Please go ahead.

Christine Viau

Thank you and good morning. We'll begin the call with remarks from Darryl White, BMO's CEO; followed by Tayfun Tuzun, our Chief Financial Officer; and Piyush Agrawal, our Chief Risk Officer. Also present today to take questions are Ernie Johansson, Head of BMO North American Personal and Business Banking; Nadim Hirji, Head of BMO Commercial Banking; Alan Tannenbaum, Head of BMO Capital Markets; Deland Kamanga, Head of BMO Wealth Management; and Darrel Hackett, EMO U.S. CEO.

As noted on Slide 2, forward-looking statements may be made during this call which involve assumptions that have inherent risks and uncertainties. Actual results could differ materially from these statements. I would also remind listeners that the bank uses non-GAAP financial measures to arrive at adjusted results management measures performance on a reported and adjusted basis and considers both to be useful in assessing underlying business performance. Darryl and Typhoon will be referring to adjusted results in their remarks unless otherwise noted.

I will now turn the